Saturday, July 2, 2011

What About The Risk In Buying Iraqi Dinars

Is it a risky business, buying dinars?
Of course there is some risk involved. Normally, the higher the gains, the more risk. But in this case... hmmm, difficult to say. Let me just give you some scenario's to get you started and make up your own mind.
You don't let me tell you what to think, isn't it? I only want to help you on the way, you fill in the rest with your own knowledge and mindset, agreed?
Scenario 1: All the troops leave Iraq suddently and total chaos breaks out.
Scenario 2: The 'rebels' join forces and kick out all the foreign troops and the new government.
Scenario 3: The troops leave for economic reasons. The costs are too high. Enough oil to cover that?
Scenario 4: The terror will hold off Iraq's prosperity.
Of course there are a lot of other variables to consider. I mean, is Iraq going to be strong enough to rise again? Can the dinar cope with all these buyers? And on and on. It is very hard to predict Iraq's future.
Maybe the 'war' takes longer then expected and people start selling their dinars even at a lower price. Maybe the more patient people will laugh as last? Again, just educate yourself before making a decision on wether to buy the Iraqi dinar or not.

1 comment:

The investment on Iraqi dinar can be an alternative solution for future investment. It is a good way to ensure monetary benefits after retirement. People most of the time pay off their outstanding debt by selling Iraqi dinars. Sometimes it comes useful when starting a business venture. The currency provides a good capitol for the initial stage of any business.